innovation
Reports on innovation See all →
The impact of antitrust demagoguery
Leaders in the West are ramping up antitrust activity, finding ways to scapegoat big, innovative companies for societies’ economic woes. The move correlates with a rise in anti-capitalist sentiment and the desire to harmonize global taxation. How big tech firms change to adapt – by moving abroad or changing production practices – could put new countries at the forefront of technological progress.
The problem with patents
Governments around the world are proposing removing patent protections from vaccines and subsidizing the companies that lose out. But if it hadn't been for patents restricting free markets in the first place, we would likely have more, cheaper vaccines than we do today. Professor Enrico Colombatto explains why patent protection ...
Opinion: Liechtenstein’s use of blockchain may upend the finance industry
One of Europe’s smallest states is writing a whole new book on harnessing the potential of blockchain technology to modernize the finance industry. There are still challenges to tackle, but the innovative legalization and approach to implementation could give the Principality of Liechtenstein pole position in this race.
Freedom and innovation are keys to Europe’s success
Unleashing free-market force and entrepreneurship is the only way forward for Europe. Instead of mimicking China’s central planning, the West needs to return to the values that initially made it powerful and prosperous: innovation, freedom and entrepreneurship. Only then will it revive its mismanaged economies and boost its global relevance
GIS Essay: GMO holds promise of a better future
New techniques for genetic modification have the potential to cure disease, extend life and improve our food. Yet they are being regulated far more heavily than riskier, less precise older methods. In their analyses, policymakers must include the costs of not using new processes and technologies.
